Seller's Contact Information
- RE: Deli Nets $275,305
- Contact: Customer Service
Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $1,323,339 | |
Net Profit: | $275 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 125,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 12 | |
BBN Listing #: | 52653909 | |
Broker Reference #: | DELI331 |
Business Overview:
This is a phenomenally successful deli / restaurant with a gross yearly sale of $1,323,339 and a consistent net yearly income of $326,305 to the owner operator. The business income represents 80% pick up and 20% restaurant sales with a moderate cost of goods, representing a substantial mark up to the business. This deli business has a simple philosophy which is to offer fresh ingredients prepared in an authentic manner in a pleasant setting and using only top-quality products. The market & eatery also have a helpful and professional staff of employees. The deli has a successful catering service representing a wonderful menu of popular dishes with a substantial mark up and profit to the deli. Their message is to provide their customers with the best food experience possible, to the best of their ability. This is a dependable solid business opportunity.
The 2019 gross income $1,199,789
2021 gross income $1,320,339
2022 gross income $1,417,853
and the business has a yearly net average income of approximately $275,000 based on an onsite owner operator and prior to any personal debt service.
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Property Features and Assets:
This successful retail Deli & Pizzeria facility which consist of 1,950 square feet has an attractive modern appearance. The business is in a mid-size commercial mall with other active businesses and is located on a convenient county road. This opportunity is in Northwestern New Jersey, Hunterdon County, which consists of various affluent communities with continued demand for this industry.
Market Competition and Expansion:
No other similar competitors presently exist in the area, and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Reason for Selling:
Owner retiring.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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